Powell: If there is no new information, there will be reason to slow down the pace of rate cuts.

BlockBeats News, October 30, Federal Reserve Chairman Powell: If no new information is obtained and economic conditions appear unchanged, there will be reason to slow the pace of rate cuts. We hope to have more comprehensive data by December.

The lack of data during the government shutdown may indicate that the pace of policy adjustments should be slowed. It is uncertain how long the debate over slowing rate cuts in December will last.